The last photo is the T-table provided. The assignment asks to record all entries and then populate the net ending balance.

I am having trouble balancing the T-table and need help populating each group.

QUESTION 1 Use T-accounts to reoord the 14 tranasctions noted below for this neuw there are no separate Tocounts set up for the individual Income staement accounts for you to print out and poet these transactions AT-account form for you to use is provided an a seperale atlachment post to this online assignment Ensure all answers are posted in the following format: 1,000,000 In other words: .Do NOT Include a $ sign in your answer Do Include commas as noted in the example. Do NOT include any decimal point or fractions If you do not submit your answer in this format, even though you may have calculated the correct answer, the automated grading of this assignment may mark your response as being incorrect CTOBER 1 1. New company start up: Owners invest $100,000 to buy shares from company 2. Company buys factory equipment for $20,000: Payment terms are net 30 days; Asset life-5 years UE NOT and will be depreciated in the future using straight line depreciation. 3. Company buys inventory for $100,000, Payment terms-50% @ purchase; 50% net 30 days. 4. Company borrows $50,000 from bank due in 5 yoars 5. Company generates sales of $25,000 with a product cost of $40,000; Payment terms are net 30 days. 6. Company records warranty expense of $5,000 to establish a warranty reserve for future claims 9. Company pays suppliers for inventory purchased last month. 10. Company generates sales of $15,000 with a product cost of $10,000; Payment terms are net 30 days. Click Save and Submit to save and submit. Click Save All Answers to sqve all answers. Save All Answers